julyt
Member
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Activity: 90
Merit: 10
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November 17, 2017, 12:46:37 PM |
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Limited understanding of the content, the application in the field of logistics blockchain it? If yes, there are too many similar projects
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BadgerregdaB
Full Member
Offline
Activity: 240
Merit: 110
World's Most Innovative Invoice Lending Platform
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November 17, 2017, 12:49:35 PM |
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i like this update, follow this project from start in ED i see this project perfect to future profit and now CFD listed in 4 big exchange, it make this project will get more enthusiasts |
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MrClemenzo
Member
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Activity: 126
Merit: 10
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November 17, 2017, 05:46:50 PM |
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The danish (Scandinavian) translation of the Whitepaper isn't genuine, it's filled with typical Google Translate-typos...  |
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BeBlockTech
Member
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Activity: 304
Merit: 15
0xF8D135631a3dE808D86cA1CB1a5D4ecd9c2a0921
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November 19, 2017, 05:41:24 AM |
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Was about to say the same  Happy trading. Keep it up devs. |
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Filmmmakerr
Sr. Member
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Activity: 518
Merit: 251
Hello. Bye.
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November 19, 2017, 10:34:53 PM |
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So Confido is a done deal? legal troubles? bad contract? all sounds really bad to me.
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deanerific
Member
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Activity: 116
Merit: 10
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November 19, 2017, 10:36:18 PM |
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From Reddit:https://www.reddit.com/r/confido/comments/7e3p5t/announcement/ "To our community, Thanks for always standing by us. We have achieved some incredible things these last two weeks, and the crypto space is beginning to notice us. However, we owe you an apology. Right now, we are in a tight spot, as we are having legal trouble caused by a contract we signed. We signed the contract with assurance from our legal advisor that there was minimal risk and it would not be an issue. I can't and won't go into details, but he was wrong. It is a problem. We are trying our best to fight our way through this. As it currently stands, development has been delayed until a resolution is found. We are honestly not sure how long we will be delayed by, but we’re trying our best to get this behind us as fast as possible. It is likely that we will be able to find a solution to rectify the situation. However, we cannot assure you with 100% certainty that we will get through this. This announcement will shock a lot of people, and that’s understandable. I, Joost van Doorn, want to personally apologise for any financial damages this announcement will cause to people. It was never our intention to hurt investors; we didn’t see this coming. We will keep you guys updated. Please join our announcement channel at https://t.me/joinchat/AAAAAENHpUJSHK7jzX6GZgRegards, The Confido team." Seems like they got orbital striked by some sort of legal issue. Wonder what kind of contract they signed? Would be nice if the posted a copy of it so that the community knew it wasn't just a straight-out scam. |
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YGung
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November 19, 2017, 11:50:27 PM |
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This announcement is way too cryptic to make a premature decision at this point but obviously this isn't good. The fact that this wasn't something they felt they could handle behind closed doors and felt the need to publicly announce this shows you how messy this may get.
If the ship gets righted though, the price may end up being a steal, but they've likely tarnished their image in the short to mid term with these actions.
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Fabriz
Member
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Activity: 392
Merit: 10
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November 20, 2017, 12:06:22 AM |
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What was the ico price ?
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masternode
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November 20, 2017, 12:07:40 AM |
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From Reddit:https://www.reddit.com/r/confido/comments/7e3p5t/announcement/ "To our community, Thanks for always standing by us. We have achieved some incredible things these last two weeks, and the crypto space is beginning to notice us. However, we owe you an apology. Right now, we are in a tight spot, as we are having legal trouble caused by a contract we signed. We signed the contract with assurance from our legal advisor that there was minimal risk and it would not be an issue. I can't and won't go into details, but he was wrong. It is a problem. We are trying our best to fight our way through this. As it currently stands, development has been delayed until a resolution is found. We are honestly not sure how long we will be delayed by, but we’re trying our best to get this behind us as fast as possible. It is likely that we will be able to find a solution to rectify the situation. However, we cannot assure you with 100% certainty that we will get through this. This announcement will shock a lot of people, and that’s understandable. I, Joost van Doorn, want to personally apologise for any financial damages this announcement will cause to people. It was never our intention to hurt investors; we didn’t see this coming. We will keep you guys updated. Please join our announcement channel at https://t.me/joinchat/AAAAAENHpUJSHK7jzX6GZgRegards, The Confido team." Seems like they got orbital striked by some sort of legal issue. Wonder what kind of contract they signed? Would be nice if the posted a copy of it so that the community knew it wasn't just a straight-out scam. This is a punch in every single investor's face. They don't even know how long it will take so that is really bad news to be honest. If there is no surprise during the next few days, this thing is dead. |
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altcoinking3
Newbie
Offline
Activity: 20
Merit: 0
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November 20, 2017, 12:27:00 AM |
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From Reddit:https://www.reddit.com/r/confido/comments/7e3p5t/announcement/ "To our community, Thanks for always standing by us. We have achieved some incredible things these last two weeks, and the crypto space is beginning to notice us. However, we owe you an apology. Right now, we are in a tight spot, as we are having legal trouble caused by a contract we signed. We signed the contract with assurance from our legal advisor that there was minimal risk and it would not be an issue. I can't and won't go into details, but he was wrong. It is a problem. We are trying our best to fight our way through this. As it currently stands, development has been delayed until a resolution is found. We are honestly not sure how long we will be delayed by, but we’re trying our best to get this behind us as fast as possible. It is likely that we will be able to find a solution to rectify the situation. However, we cannot assure you with 100% certainty that we will get through this. This announcement will shock a lot of people, and that’s understandable. I, Joost van Doorn, want to personally apologise for any financial damages this announcement will cause to people. It was never our intention to hurt investors; we didn’t see this coming. We will keep you guys updated. Please join our announcement channel at https://t.me/joinchat/AAAAAENHpUJSHK7jzX6GZgRegards, The Confido team." Seems like they got orbital striked by some sort of legal issue. Wonder what kind of contract they signed? Would be nice if the posted a copy of it so that the community knew it wasn't just a straight-out scam. This is a punch in every single investor's face. They don't even know how long it will take so that is really bad news to be honest. If there is no surprise during the next few days, this thing is dead. An announcement on Sunday about legal troubles? |
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puremage111
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November 20, 2017, 12:38:36 AM |
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From Reddit:https://www.reddit.com/r/confido/comments/7e3p5t/announcement/ "To our community, Thanks for always standing by us. We have achieved some incredible things these last two weeks, and the crypto space is beginning to notice us. However, we owe you an apology. Right now, we are in a tight spot, as we are having legal trouble caused by a contract we signed. We signed the contract with assurance from our legal advisor that there was minimal risk and it would not be an issue. I can't and won't go into details, but he was wrong. It is a problem. We are trying our best to fight our way through this. As it currently stands, development has been delayed until a resolution is found. We are honestly not sure how long we will be delayed by, but we’re trying our best to get this behind us as fast as possible. It is likely that we will be able to find a solution to rectify the situation. However, we cannot assure you with 100% certainty that we will get through this. This announcement will shock a lot of people, and that’s understandable. I, Joost van Doorn, want to personally apologise for any financial damages this announcement will cause to people. It was never our intention to hurt investors; we didn’t see this coming. We will keep you guys updated. Please join our announcement channel at https://t.me/joinchat/AAAAAENHpUJSHK7jzX6GZgRegards, The Confido team." Seems like they got orbital striked by some sort of legal issue. Wonder what kind of contract they signed? Would be nice if the posted a copy of it so that the community knew it wasn't just a straight-out scam. hmmm this seems to be a bad news Legal issues might be the most troublesome issue to solve out compare to management or financial issue because legality is not decide-able by the team but someon else |
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VenusianLion
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November 20, 2017, 02:04:27 AM
Last edit: May 18, 2018, 02:25:27 PM by VenusianLion |
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Sounds like total scam.
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CrytpoGod27
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November 20, 2017, 02:18:51 AM |
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Damn investors got REKT!!!!!!!
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cvdesty
Member
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Activity: 512
Merit: 20
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November 20, 2017, 02:50:02 AM |
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Damn investors got REKT!!!!!!!
So what happens to all the money? It's understandable if they can't push through with the project. But... What happens to the money? Do they just keep it? If so, then yes, Investors got burned. The right thing to do is refund the money (if they know they won't be able to carry out the project). |
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cvdesty
Member
Offline
Activity: 512
Merit: 20
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November 20, 2017, 02:54:06 AM |
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Sounds like total scam. It does seem suspicious, especially since they are not disclosing what the issue is. |
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findshakil
Member
Offline
Activity: 127
Merit: 10
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November 20, 2017, 03:10:36 AM |
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They should refund the money, they haven't put much efforts in this project, they might have spent only 2 or 3% of the total fund collected during ICO,
So if they can't refund 100%, they should refund at least 95 to 97% amount.
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ciro1
Sr. Member
Offline
Activity: 463
Merit: 252
Bitcore (BTX) - Your Payment Coin
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November 20, 2017, 03:13:01 AM |
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They are not saying exactly what sort of contract they signed, if they were working with a single clueless lawyer or a legal team, and of course a legal news on a Sunday evening does show they've got the news a few days back which was why there was massive sell off 3 days ago. I saw the red flag and PMed the CEO about my concern but he assured the seller were just taking profit and two days after he broke the news without any kind of information.
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findshakil
Member
Offline
Activity: 127
Merit: 10
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November 20, 2017, 03:18:00 AM |
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On the first page of this announcement they claimed that ''all funds collected in the ICO will be escrowed by KRAVIS & WURGAFT,P.C Lawfirm''
Does someone knows where this law firm is based and can we contact them for refund?
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findshakil
Member
Offline
Activity: 127
Merit: 10
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November 20, 2017, 03:19:43 AM |
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They are not saying exactly what sort of contract they signed, if they were working with a single clueless lawyer or a legal team, and of course a legal news on a Sunday evening does show they've got the news a few days back which was why there was massive sell off 3 days ago. I saw the red flag and PMed the CEO about my concern but he assured the seller were just taking profit and two days after he broke the news without any kind of information.
They cheated everyone. |
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